eMoney, as a substitute for cash, allows end users multiple uses and benefits. Merchants can accept eMoney, and users can pay with it without bank mediation.
In addition to accepting payment cards and instant payments, merchants also have the option of accepting eMoney.
All merchants, potential acceptors of electronic money, sign the agreement with Chip Card – Electronic Money Institution, on the acceptance of electronic money.
Merchants that accept electronic money are automatically visible to users of Chip Card’s E BLINK application.
One of the main advantages of using eMoney for merchants are much lower commissions compared to payment card acceptance.
Acceptance of payment with payment cards needs certain time for processing and includes waiting for transfer of funds to merchant’s account.
E BLINK application enables users to use electronic money.
You can pay with electronic money on physical POS terminals and E-commerce points of sale via E BLINK wallet application
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Mandatory documentation:
